Recovering $10M of training cost takes ~10 trillion tokens served at $2/M

FinanceYF5 · x · 2026-10-28

Part 4 of the Neolab economics thread: to recoup investment, a Neolab must offer inference better than frontier base models — ideally cheaper too — and keep customers for a long time. Even at 50% inference gross margin, at the $2/M-token blended price of models like Fable or Astra, recovering just $10M in training costs requires serving roughly 10 trillion tokens.

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